Wednesday, October 17, 2012

Financial fraud in the Banking sector.

As litigation is heating up in the banking sector, with the first class action lawsuits with regard to the Libor scandal, I've been doing a bit of research.

Came across this interesting website with an investigator of financial fraud.

http://rowans-blog.blogspot.co.uk/2012/10/why-we-should-have-absolutely-no.html

He discusses meeting with senior compliance officers and how futile it was to argue with them about the lack of enforcement.

There seems to be a goldmine here for some promising litigators.